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Category: BUSINESS

Posted on 21/02/2024

Hong Kong finance manager loses HK$17.8 million after investing in gold and cryptocurrency via sham platform

A finance manager in Hong Kong has been scammed out of more than HK$17 million ... a person claiming to be from Singapore and who had previously been the victim’s business partner. They then continued ...

Posted on 21/02/2024

Hong Kong’s game-changing New Capital Investment Entrant Scheme

The New Capital Investment Entrant Scheme aims to attract international talent and high-net-worth asset owners, and inject capital into the city’s economy, boosting business and investment ...

Posted on 21/02/2024

Electric vehicles: Chinese robot chargers start-up GGSN eyes investors, international expansion via new Hong Kong facilities

Guoguangshunneng (Shanghai) Energy Technology (GGSN), a mobile electric vehicle charging start-up partly owned by New World Group, is in talks to set up research, product development and marketing ...

Posted on 21/02/2024

Foreign interference public inquiry commissioner withholds almost all applications for standing

Yuen Pau Woo and former Conservative leader Erin O’Toole for standing, but not Green co-leader Elizabeth May, ex-Liberal aide Chauncey Jung or Alykhan Velshi, the ex-Conservative aide who later worked ...

Posted on 21/02/2024

[INTERVIEW] Global private equity firm sees opportunities in power generation, transport in climate sector

Korea expected to play key role in future global growth of renewable technologiesDuring the past decade, Hillhouse Investment, a major global private equity firm (PEF) with its assets under management ...

Posted on 21/02/2024

Hong Kong bankers earn up to 46 per cent more than Singapore peers

FINANCE and technology professionals are generally better paid in Hong Kong than in Singapore, with investment-banking analysts earning 46 per cent more than in the South-east Asian city-state, ...

Posted on 21/02/2024

Is Hong Kong ready for the ‘NewSpace’ race? As satellite firm eyes Greater Bay Area, experts say city needs plan or risks missing out on multibillion-dollar industry

City's first satellite manufacturer, Uspace Technology Group, expects half of the units it produces annually will go to the Greater Bay Area, to spur digital transformation Hong Kong can only take a ...

Posted on 21/02/2024

Hong Kong Dental Association says expansion of elderly healthcare voucher scheme in bay area could hurt city’s economy

Economic damage will be significant if all Hong Kong elderly residents in mainland China opt to use dental services across the border, Dental Association president Spencer Chan says.

Posted on 21/02/2024

Hong Kong’s birth rate rises for first time in 6 years, population hits 7.5 million, census figures show

Census and Statistics Department announces city recorded 33,200 births last year, a 2 per cent increase over 2022, and first uptick since 2017 Total population rises to 7.5 million from 7.47 million, ...

Posted on 21/02/2024

Hong Kong’s Central Bank Issues Guidance for Firms Offering Crypto Custodial Services

The HKMA wants authorized institutions to undertake a comprehensive risk assessment followed by appropriate policies to manage identified risks.

Posted on 20/02/2024

Top Beijing official to gauge tycoons’ views on economy, meet legal professional bodies over Article 23 bill during Hong Kong visit, sources say

Xia Baolong, who heads revamped Hong Kong and Macau Affairs Office, will begin his six-day trip on Thursday, according to insiders His fact-finding visit comes at crucial time given concerns over ...

Posted on 20/02/2024

Spicy Food and Dental Implants: Low Prices Lure Hong Kongers to China

He said the company’s revenue doubled when the Hong Kong border opened last year. To get even more business, the clinic set up a stall near the Luohu Port border crossing. Employees are expected to ...

Posted on 20/02/2024

Hong Kong: Governments Should Oppose Security Bill

National governments should strongly oppose the Hong Kong government’s introduction of so-called Article 23 national security legislation, which will further devastate human rights protections in Hong ...

Posted on 20/02/2024

Hong Kong should bolster efforts to explain offences in national security proposal, Regina Ip says amid ‘significant concerns’ voiced by EU official about bill

Regina Ip echoes call by former city leader Leung Chun-ying to step up communication on coming legislation under Article 23 of Basic Law Thomas Gnocchi, head of city's EU Office, says he's concerned ...

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